Is Segwit for LTC really necessary? Why?

[bbc.reporter]

I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?

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[ASHLIUSZ]

I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?

Segwit for LTC is required to make it grow further and reach bigger and better users. Right now a strong debate is going on bitcoin after a long time growth. If the same is solved earlier success is all made easier

[BTCwriter]

It is best and rather be safe taking care of everything now than sorry later.

[gredisgold88]

segwit used for LTC is a way to organize and implement technology cryptocurency, LTC is an alternative coin to the transaction, many websites that have received LTC and it has not been included in some investments. LTC has its own enthusiasts and spreading the love, and the first coin algo scrypt apply, so that LTC has a history of its own in the market cryptocurency.

[szafa]

Segwit delayed from owner of f2pool.

[kiklo]

I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?

Segwit is needed for Lightening network to work. Without it LN is crap.

The stupid thing is LTC is not hurting at all for transaction capacity and adding an offchain service to steal transaction fees from the onchain side is beyond stupid.  

It's true purpose is to trick the BTC miners into supporting segwit so LN will work on BTC.
If LN is active on BTC, no one will use LTC at all , since LN offchain transactions will seem faster.
Example Groestlcoin activated segwit months ago, and LN has ignored them completly, LN only cares about BTC,
LN will let the rest of you rot once they have BTC.
LN is how the Banking cartels are going to take over crypto , and bring their fractional reserve shenanigans to the crypto world.


 

[Ayers]

I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?

no i'm with you i can't think they need segwit, when they have the block time of 2.5 minutes, which everyone know that mean you have 4x the block size of bitcoin, but litecoin have no where near the same amount of tyransaction per day let alone 4x lol, are they , maybe pushing it to help bitcoin do the same decision? could be, there are plenty of manipulators here from all sides

[alyssa85]

It isn't necessary for Litcoin. They're just doing it because Shiny New Object thing might make the speculators pump Litecoin (it's been feeling left out).

[pereira4]

Some claim that Bitcoin will never get Segregated Witness and since Litecoin has higher possibilities to get it, they say people will move there for everyday transactions.

I think the price of LTC will go up again when/if it gets to 75%, but I fail to see how Bitcoin will "never" get Segregated Witness when all that's needed is UASF, and UASF will gain more acceptance now after the ASICBOOST debacle.

[iamTom123]

I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?

You got a point actually. I think the big reason is that LiteCoin wants to be a genia pig or an experimentation for SegWit so that if SegWit can be really successful then it can leverage the same success for its own advantage. People behind LTC must be thinking that they have nothing to lose and a lot to gain in implementing the SegWit without waiting for its implementation in the mother Bitcoin. Hope this can boost further the value of LTC.

[iamnotback]

I cannot think

Correct. You can't think.

Watch and learn.

Next time you'll read what I wrote.

I already debunked this nonsense thread of yours.

[Red-Apple]

you can start by reading the bitcoin core explanation about Segregated Witness. https://bitcoincore.org/en/2016/01/26/segwit-benefits/
one may argue that it is a biased source to read but it is at least going to give you the idea of what SegWit is and what the benefits are.

there was also something from Charlie Lee (litecoin developer) about why of it but i can not find it.

edit: i found it
i believe this can answer your questions: https://litecointalk.io/t/my-vision-for-segwit-and-lightning-networks-on-litecoin-and-bitcoin-by-charlie-lee/600

[bbc.reporter]

I cannot think

Correct. You can't think.

Watch and learn.

Next time you'll read what I wrote.

I already debunked this nonsense thread of yours.

But all you said were copy and pasting all your theories and arguments of what you think. Those cannot be proven until it is done in practice. How is that debunking the question if Segwit is really necessary?

The point of the question is if it is necessary now with the current usage of LTC. It will be an improvement I am sure. But is it necessary from the point of view of a user?

You first have to ask yourself, how is it being used now? Why do we need Segwit now to open the roads to a Lightning Network?

[iamnotback]

FYI, I sold some STEEM and bought more LTC on this dip.

I will continue to buy LTC with every thing I can find. I have 1 BTC in another account which I will probably transfer to Poloniex so I can buy more LTC.

The volume on LTC is building. LTC has far too high of volume lately to stay so undervalued. The pressure is building. Also, fiat is coming into LTC via Coinbase, so that in my mind is enough to push LTC's price up regardless of SegWit activation.

Litecoin is being added to Coinbase.
https://status.coinbase.com/

My thesis of both the rise of price outpacing hashrate rise due to constrained supply of ASICs, thus driving miners to increasingly signal SegWit, plus my thesis that "It Is Just Time" and that Bitcoin can't rise (willl remain range bound < $1200) until Litecoin catches up to $30+, seems to be holding as truth.The huge volume on LTC tells me LTC has become the #1 altcoin, the pressure is building for another upward explosion in price, and it extremely undervalued. LTC is starting to average more volume than ETC.

meanwhile in Bitcoin land..

BU Support weakens, SegWit stronger (34/30)

https://coin.dance/blocks

It is impossible for it to reach 95%.

Jihan Wu will never allow Blockstream to exist on Bitcoin. And I already explained he has checkmated Blockstream with his Bitmain covert asciiboost hardware spread out all over in the wild, which he can activate at will without even implicating himself nor Bitmain. Perhaps you missed my elucidation on that.

Bottom line is Bitcoin won't get scaling. Litecoin is poised to get scaling.

maybe, but I wouldnt bet my house on that.

I would, if I had a house. Seriously. I am selling everything I can find to buy more LTC.

SegWit approval on LTC is down to 62%. What a show. miners must laughing their asses of.

http://litecoinblockhalf.com/segwit.php

Within the "current activation period", it has been steady at 64-65% since my post which quoted.

Your theory is that they (Jihan and co) will not try to block segwit on LTC but their actions speak the opposite, at least until now. My take is that they are playing with fire and might get burned sooner than they expect.

I also considered your proposition that some of the chinese miners are purposely delaying signalling segwit in order to accumulate at lowest prices possible and thus maximize their profit in the forth coming pump. Actually, I don't see why they wouldn't do this.

Jihan Wu is playing along the game. I never said he wasn't blocking SegWit on Litecoin. But as I wrote, there is 20% of hashrate that was temporarily pulled so the signaling reduced from ~70% to ~62% but since has climbed back to ~64% because more and more other miners are switching to signal SegWit because they are starting to understand the price dip is due to signaling.

As the base of signaling builds back to 69 - 70% again, that 20% hashrate can return and push it over 75%. That might BTCC who is moving that 20% hashrate to and from Ethereum (their GPUs mining farm).

Since BW has stated it will soon signal for SegWit, perhaps some of that hashrate that Jihan had there has been moved to Antpool. Jihan may have been using proxies to hide or influence the decision of other pools. Any way, as I stated before that the hashrate game is too obfuscated for me to determine definitively, but the trend of LTC is now undeniable.

All roads to scaling lead to LTC.

Get on the train or be left behind.

[iamnotback]

I cannot think

Correct. You can't think.

Watch and learn.

Next time you'll read what I wrote.

I already debunked this nonsense thread of yours.

But all you said were copy and pasting all your theories and arguments of what you think. Those cannot be proven until it is done in practice. How is that debunking the question if Segwit is really necessary?

The point of the question is if it is necessary now with the current usage of LTC. It will be an improvement I am sure. But is it necessary from the point of view of a user?

You first have to ask yourself, how is it being used now? Why do we need Segwit now to open the roads to a Lightning Network?

Litecoin has one and only one chance to ever get SegWit activated now while LTC is extremely undervalued (because this means miners can form a 75% consensus on rising the price, which won't be otherwise be possible due to the crab bucket game theory that John Nash designed into Satoshi's PoW). That window of opportunity will close and due the crab bucket mentality that Satoshi designed into PoW and never be possible again in the future.

Without off chain LN, there is no other way to scale Satoshi's PoW. I've refuted all the other technological BS such as larger blocks and Xthin.

Bitcoin will NEVER get scaling.

Litecoin MUST get scaling NOW. And it will. And it will receive all the transaction rate scaling that Bitcoin will NEVER be able to do.

Please don't make me explain this again.

Re: Snapchat first investor thinks bitcoin could realistically be worth $500,000

According to Jeremy Liew, the first investor in Snapchat, and Blockchain CEO and cofounder Peter Smith. In a presentation sent to Business Insider, the duo laid out their case for why it's reasonable for bitcoin to explode to $500,000 by 2030.

A very interesting article at Business Insider that worth reading: http://www.businessinsider.com/bitcoin-price-could-be-500000-by-2030-first-snapchat-investor-says-2017-3

I originally thought BTC might top out below $50k.

But now that I understand that BTC will be exclusively only the settlement layer for the mass scaling which will take place in altcoins, I now think his analysis may be correct.

All the power broker settlement will likely to be on the Bitcoin blockchain which will be the bulk of the fungible capital generated by the masses on the altcoins as dictated by the power-law (Zipf's law) distribution of wealth. Thus Bitcoin is the reserve currency of all the altcoins.

This is why one must stay invested in this sector. Note I do think the altcoins that scale up the masses will see faster appreciation than BTC in spurts, so that is one of way of increasing one's BTC if you are expert at speculation. Otherwise buy and hodl BTC.

[disconnectme]

I cannot think of any reason too presently because there is no transaction logjam on the network but just imagine that SegWit has been activated on the Bitcoin network 2 years ago, when the token was less valauble and almost nobody is out there to project his/her own interest, the space will not be the way it is now. Nobody knows the future but this activation might be the wake up call Litecoin need to meet and rise to expectations. I believe it should be more valuable than Ethereum, Ripples and Dash

[iamnotback]

The volume on LTC is building. LTC has far too high of volume lately to stay so undervalued. The pressure is building. Also, fiat is coming into LTC via Coinbase, so that in my mind is enough to push LTC's price up regardless of SegWit activation.

The volume is indeed insanely high.
...
I can't see LTC not going up again  

when price is changing volume goes up too, it doesn't matter if it is changing for the better or for worse (down or up) and it only shows people who are making trades to take advantage of the changing price in short term aka day trading. and you can't say it is positive. and in this case the high volume shows a massive dump in the past 24 hours.

what is positive and shows good signs is when price is stable or with little change but the volume is high which shows accumulation with smart money coming in without anybody noticing.

i am not saying litecoin can not go up again, i am saying your conclusion is wrong.

The volume is extremely high but it is not a panic waterfall collapse. That to me is very bullish. It indicates to me the smart money is trying enter at the lowest price they can before the next blast off.

Nearly all the altcoins are down because the market is confused and thinks that Blockstream has defeated Jihan Wu's BU, but I expect BTC is topping out at $1200 (range bound as I predicted many days ago) once the market realizes that this BS about SegWit signaling on Bitcoin gaining momentum is nonsense. Bitcoin will never get scaling. The market will digest this, Bitcoin will stumble and Litecoin will rocket up.

The market is stupid because Bitcoin will actually benefit from scaling on Litecoin, but the market has to go through its gyrations. In any case, my thesis is Bitcoin remains range bound until Litecoin catches up, because the charge says "It Is Just Time" and because Bitcoin can't move up until there will be scaling in the Satoshi's PoW ecosystem. Litecoin will get it, Bitcoin won't, but that it is a good thing for Bitcoin. Market doesn't realize any of this yet, but the smart money does.

Channels are important and to me the market says this is not an issue. The thick blue line in the LTCBTC chart is the long-term downtrend from the 2013-2015 highs. This run should go to 0.015 at a minimum. I also consider this to be a stair-step advance where the decline is not enough to allow solid entry points, but sufficient to force weak holders into panic selling.

Additionally, markets like to fill the gaps seen on the downward move in the LTCBTC chart, so we should come back up to at least close those.

We have until April 10th for the long-term downtrend and the bottom of the current channel to force a direction. There is likely to be a decisive move over the weekend, which I expect to be positive.

I would sell some if 0.00855-0.00865 is broken, and most if 0.00775 is breached.

We are still within the channel!

[alyssa85]

I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?

It will be cited as proof that Segwit is not necessary for bitcoin.

[European Central Bank]

everyone's thinking only in terms of segwit = scaling. that's cool but not the main reason for it. it allows tons of new possibilities. if segwit is activated on there it's also gonna attract an influx of bitcoin developers. why ignore the only game in town?

[alyssa85]

everyone's thinking only in terms of segwit = scaling. that's cool but not the main reason for it. it allows tons of new possibilities. if segwit is activated on there it's also gonna attract an influx of bitcoin developers. why ignore the only game in town?

Bitcoin developers will only move to Litecoin if they think their work on it will get rewarded. But if no-one uses the coin, they won't get rewarded...

You need to build the community first, and then everything follows.

[lurker10]

everyone's thinking only in terms of segwit = scaling. that's cool but not the main reason for it. it allows tons of new possibilities. if segwit is activated on there it's also gonna attract an influx of bitcoin developers. why ignore the only game in town?

Examples?

[hankyulpark]

LTC started with a logical idea (supply faster blocks), but the crypto world evolved since then. SW is it chance to be innovative again and to attract more interested in it. Is it a bad thing? I really don't think so. All advance is good for all crypto coins and will help to create better versions of them. On the investor side of the view, I (we) need to keep track of these developments to see wich coins will remain relevant in the future.

[dwgscale11]

I cannot think

Correct. You can't think.

Watch and learn.

Next time you'll read what I wrote.

I already debunked this nonsense thread of yours.

But all you said were copy and pasting all your theories and arguments of what you think. Those cannot be proven until it is done in practice. How is that debunking the question if Segwit is really necessary?

The point of the question is if it is necessary now with the current usage of LTC. It will be an improvement I am sure. But is it necessary from the point of view of a user?

You first have to ask yourself, how is it being used now? Why do we need Segwit now to open the roads to a Lightning Network?

Litecoin has one and only one chance to ever get SegWit activated now while LTC is extremely undervalued (because this means miners can form a 75% consensus on rising the price, which won't be otherwise be possible due to the crab bucket game theory that John Nash designed into Satoshi's PoW). That window of opportunity will close and due the crab bucket mentality that Satoshi designed into PoW and never be possible again in the future.

Without off chain LN, there is no other way to scale Satoshi's PoW. I've refuted all the other technological BS such as larger blocks and Xthin.

Bitcoin will NEVER get scaling.

Litecoin MUST get scaling NOW. And it will. And it will receive all the transaction rate scaling that Bitcoin will NEVER be able to do.

Please don't make me explain this again.

Re: Snapchat first investor thinks bitcoin could realistically be worth $500,000

According to Jeremy Liew, the first investor in Snapchat, and Blockchain CEO and cofounder Peter Smith. In a presentation sent to Business Insider, the duo laid out their case for why it's reasonable for bitcoin to explode to $500,000 by 2030.

A very interesting article at Business Insider that worth reading: http://www.businessinsider.com/bitcoin-price-could-be-500000-by-2030-first-snapchat-investor-says-2017-3

I originally thought BTC might top out below $50k.

But now that I understand that BTC will be exclusively only the settlement layer for the mass scaling which will take place in altcoins, I now think his analysis may be correct.

All the power broker settlement will likely to be on the Bitcoin blockchain which will be the bulk of the fungible capital generated by the masses on the altcoins as dictated by the power-law (Zipf's law) distribution of wealth. Thus Bitcoin is the reserve currency of all the altcoins.

This is why one must stay invested in this sector. Note I do think the altcoins that scale up the masses will see faster appreciation than BTC in spurts, so that is one of way of increasing one's BTC if you are expert at speculation. Otherwise buy and hodl BTC.

LTC is planning on implementing UASF.  What makes you think BTC won't do the same?

[JGoRed]

I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?

One thing Segwit would do would be to attract more users and get pump LTC up a bit.

[bbc.reporter]

I cannot think

Correct. You can't think.

Watch and learn.

Next time you'll read what I wrote.

I already debunked this nonsense thread of yours.

But all you said were copy and pasting all your theories and arguments of what you think. Those cannot be proven until it is done in practice. How is that debunking the question if Segwit is really necessary?

The point of the question is if it is necessary now with the current usage of LTC. It will be an improvement I am sure. But is it necessary from the point of view of a user?

You first have to ask yourself, how is it being used now? Why do we need Segwit now to open the roads to a Lightning Network?

Litecoin has one and only one chance to ever get SegWit activated now while LTC is extremely undervalued (because this means miners can form a 75% consensus on rising the price, which won't be otherwise be possible due to the crab bucket game theory that John Nash designed into Satoshi's PoW). That window of opportunity will close and due the crab bucket mentality that Satoshi designed into PoW and never be possible again in the future.

Without off chain LN, there is no other way to scale Satoshi's PoW. I've refuted all the other technological BS such as larger blocks and Xthin.

Bitcoin will NEVER get scaling.

Litecoin MUST get scaling NOW. And it will. And it will receive all the transaction rate scaling that Bitcoin will NEVER be able to do.

Please don't make me explain this again.

You are saying that making litecoin scale now is needed, but for what? There are no assurances that the cryptocoin users will all go and use it. There is also the possibility that it will have a scalable platform ready to be used but with not enough transactions to make the move to activate segwit defensible.

Your theory is good and I try to understand all your posts. I am trying to play the devil's advocate to get a good discussion on the topic. We have the scalability issue thrown around in the forum a lot and no one has really asked the question what for? or is it really needed?.

[shinratensei_]

everyone's thinking only in terms of segwit = scaling. that's cool but not the main reason for it. it allows tons of new possibilities. if segwit is activated on there it's also gonna attract an influx of bitcoin developers. why ignore the only game in town?

Examples?

Lightning network? With the SegWit and there will lot of the possibilities for activating the off-chain transaction for bitcoin. SegWit is a way for a lot of the possibilities to get more solution and improvements.
Like European's said, the main reason of segwit to resolve the malleability transaction of bitcoin. Which satoshi hadn't known to resolve it. Scaling is just a side advantage from the segwit itself.

[reb0rn21]

Chines miner are toxic, at least few ppl that control it
You need to look at mona and VTC hash rate, nicehash ranting to see malicious plot by some group (we all know who they are jihan wo, roger, etc)  to block segwit on any alt there (at least know) they might miss some small ones

Same thing they now fight on LTC, that`s why you can not trust greedy miner that for few $$ (well more then few) will sell his hash as we sow few days ago some hash power shifted from segwit (bat pool) pool to fucking jihan pool antpool in matter of minute ...

Segwit is primary a patch that will allow crypto progress and more security, litecoin 100% today does not need bigger block so using and testing on it would be GR8 idea which no one can say is not good

Main downfall of litecoin was no edge development which any shit other alt use no one needed just to make hype
Now when market ask segwit on litecoin we have some VERY EVIL PPL that must be stoped if we wont to see crypto progress in general!

[lurker10]

everyone's thinking only in terms of segwit = scaling. that's cool but not the main reason for it. it allows tons of new possibilities. if segwit is activated on there it's also gonna attract an influx of bitcoin developers. why ignore the only game in town?

Examples?

Lightning network? With the SegWit and there will lot of the possibilities for activating the off-chain transaction for bitcoin. SegWit is a way for a lot of the possibilities to get more solution and improvements.
Like European's said, the main reason of segwit to resolve the malleability transaction of bitcoin. Which satoshi hadn't known to resolve it. Scaling is just a side advantage from the segwit itself.

LN is offchain scaling, the question was re possibilities other than scaling. What else is SW good for?
Malleability is a minor issue, Bitcoin has worked for 8 years as is.

[vanarebane]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

[aoluain]

I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?

One thing Segwit would do would be to attract more users and get pump LTC up a bit.

I cannot think

Correct. You can't think.

Watch and learn.

Next time you'll read what I wrote.

I already debunked this nonsense thread of yours.

But all you said were copy and pasting all your theories and arguments of what you think. Those cannot be proven until it is done in practice. How is that debunking the question if Segwit is really necessary?

The point of the question is if it is necessary now with the current usage of LTC. It will be an improvement I am sure. But is it necessary from the point of view of a user?

You first have to ask yourself, how is it being used now? Why do we need Segwit now to open the roads to a Lightning Network?

Litecoin has one and only one chance to ever get SegWit activated now while LTC is extremely undervalued (because this means miners can form a 75% consensus on rising the price, which won't be otherwise be possible due to the crab bucket game theory that John Nash designed into Satoshi's PoW). That window of opportunity will close and due the crab bucket mentality that Satoshi designed into PoW and never be possible again in the future.

Without off chain LN, there is no other way to scale Satoshi's PoW. I've refuted all the other technological BS such as larger blocks and Xthin.

Bitcoin will NEVER get scaling.

Litecoin MUST get scaling NOW. And it will. And it will receive all the transaction rate scaling that Bitcoin will NEVER be able to do.

Please don't make me explain this again.

You are saying that making litecoin scale now is needed, but for what? There are no assurances that the cryptocoin users will all go and use it. There is also the possibility that it will have a scalable platform ready to be used but with not enough transactions to make the move to activate segwit defensible.

Your theory is good and I try to understand all your posts. I am trying to play the devil's advocate to get a good discussion on the topic. We have the scalability issue thrown around in the forum a lot and no one has really asked the question what for? or is it really needed?.

This could be an important point I think, If/When Litecoin gets segwit and
the value pumps big what will happen to the "investments" when it stops?
there is a lot of volume already in litecoin and more waiting
to migrate into it and in turn will be even quicker to leave once the pump stops.

Is this all segwit is gonna provide for Ltc?
would that be the natural course of events in times of positive/negative hype like we are experiencing now?

[reb0rn21]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

Please learn what segwit is, its not about block scaling why litecoin need it
As market want to test SEGWIT as solution for bitcoin problem, litecoin can be used for that test!!

[ChinkyEyes]

I was wondering if using segwit, won't people start scamming each other like in the example below? Or am I not reading it correctly?

"Who benefits?
Anyone spending unconfirmed transactions: if Alice pays Bob in transaction 1, Bob uses that payment to pay Charlie in transaction 2, and then Alice’s payment gets malleated and confirmed with a different txid, then transaction 2 is now invalid and Charlie has not been paid. If Bob is trustworthy, he will reissue the payment to Charlie; but if he isn’t, he can simply keep those bitcoins for himself."

Source: https://bitcoincore.org/en/2016/01/26/segwit-benefits/

[lurker10]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

Please learn what segwit is, its not about block scaling why litecoin need it
As market want to test SEGWIT as solution for bitcoin problem, litecoin can be used for that test!!

What problem?

[reb0rn21]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

Please learn what segwit is, its not about block scaling why litecoin need it
As market want to test SEGWIT as solution for bitcoin problem, litecoin can be used for that test!!

What problem?

where do you live in a cave?
(high fees, limited transaction per minut, etc)
offchain scale and lightning network can be shared on both BTC and LTC, so if litecoin have segwit/LN his resources can be used for BTC lightning transfer

I was wondering if using segwit, won't people start scamming each other like in the example below? Or am I not reading it correctly?

"Who benefits?
Anyone spending unconfirmed transactions: if Alice pays Bob in transaction 1, Bob uses that payment to pay Charlie in transaction 2, and then Alice’s payment gets malleated and confirmed with a different txid, then transaction 2 is now invalid and Charlie has not been paid. If Bob is trustworthy, he will reissue the payment to Charlie; but if he isn’t, he can simply keep those bitcoins for himself."

Source: https://bitcoincore.org/en/2016/01/26/segwit-benefits/

segwit is the bug fix for the problem you are writing, that can happen now on bitcoin and litecoin and on all the clones...

[lurker10]

where do you live in a cave?
(high fees, limited transaction per minut, etc)
offchain scale and lightning network can be shared on both BTC and LTC, so if litecoin have segwit/LN his resources can be used for BTC lightning transfer

Easy, easy there.
Scaling is without a doubt a problem. I thought you had meant something else.
You say Segwit must be tested on Litecoin, is it not secure to implement directly on Bitcoin?
If LTC is only for testing Segwit, do you see no value in LTC per se?

[kelsey]

You say Segwit must be tested on Litecoin, is it not secure to implement directly on Bitcoin?
If LTC is only for testing Segwit, do you see no value in LTC per se?

well last time i looked testnet bitcoins had no monetary value so yes most definitively if this is all about litecoin being merely a testbed for segwit on bitcoin then yes litecoin is a worthless token.

however while that maybe the line coblee and co are feeding you thats not the game thats being played out 

[Ayers]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

Please learn what segwit is, its not about block scaling why litecoin need it
As market want to test SEGWIT as solution for bitcoin problem, litecoin can be used for that test!!

What problem?

problems that are about block size limit and scaling, bitcoin can't scale correctly with 1MB block, with segwit you have effectively 2MB block or more, and make bitcoin scale more, but not like a final solution, just a first step that in conjuction with lightining network will make bitcoin fully scalable in the future

[dwgscale11]

You say Segwit must be tested on Litecoin, is it not secure to implement directly on Bitcoin?
If LTC is only for testing Segwit, do you see no value in LTC per se?

well last time i looked testnet bitcoins had no monetary value so yes most definitively if this is all about litecoin being merely a testbed for segwit on bitcoin then yes litecoin is a worthless token.

however while that maybe the line coblee and co are feeding you thats not the game thats being played out 

Litecoin is a better testnet BECAUSE it has value.... And that is not the only use for Segwit on Litecoin.  For more information and basics of Segwit please see https://segwit.org/my-vision-for-segwit-and-lightning-networks-on-litecoin-and-bitcoin-cf95a7ab656b

[lurker10]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

Please learn what segwit is, its not about block scaling why litecoin need it
As market want to test SEGWIT as solution for bitcoin problem, litecoin can be used for that test!!

What problem?

problems that are about block size limit and scaling, bitcoin can't scale correctly with 1MB block, with segwit you have effectively 2MB block or more, and make bitcoin scale more, but not like a final solution, just a first step that in conjuction with lightining network will make bitcoin fully scalable in the future

Segwit is an overengineered solution for a simple problem.
BU+Classic+8M block signalling is over 50% already, Segwit signalling is 30% on the best day.
Soon Bitcoin will scale with bigger blocks, no overcomplicated Segwit is required for this.
What else does Segwit "solve"? Nothing.

[rickadone]

I cannot think of a practical reason why Segwit needs to be activated in LTC if the coin itself does not attract enough users to make it necessary. What if it becomes activated but nobody uses it? What good is it if it is not really that necessary?

Not correlated. It might not be useful for litecoin , a cryptocurrency that has low volume and mostly exchanged to btc anyway. It is however could be a very needed thing for btc, which is used by a lot more people, have a much higher volume and used to do what fiat currency does. You might be right, but you might be totally totally wrong.

[SvenBomvolen]

As I know LTC is the most popular altcoin among others and it can make good competition to bitcoin one day. I think LTC could attract much more users and the interest in general in the case of Segwit.

[dwgscale11]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

Please learn what segwit is, its not about block scaling why litecoin need it
As market want to test SEGWIT as solution for bitcoin problem, litecoin can be used for that test!!

What problem?

problems that are about block size limit and scaling, bitcoin can't scale correctly with 1MB block, with segwit you have effectively 2MB block or more, and make bitcoin scale more, but not like a final solution, just a first step that in conjuction with lightining network will make bitcoin fully scalable in the future

Segwit is an overengineered solution for a simple problem.
BU+Classic+8M block signalling is over 50% already, Segwit signalling is 30% on the best day.
Soon Bitcoin will scale with bigger blocks, no overcomplicated Segwit is required for this.
What else does Segwit "solve"? Nothing.

You really dont know the reason for Segwit.... https://segwit.org/my-vision-for-segwit-and-lightning-networks-on-litecoin-and-bitcoin-cf95a7ab656b
Open up them eyes of yours...

[reb0rn21]

What you expect from Jihan or roger ver shills.........

segwit is just one step, nothing wrong with block increase but its the wrong way if we can do that smarter as segwit open more future possibilities, also increasing is bad for decentralization and security die the block size and time needed to go over all nodes

ppl and market are eager to test segwit, and some evil ppl think that will destroy their greedy plan for bitcoin fee to be 50$ per transfer, and they bet it WILL!
no one will stand and use coin that is centralized by chines mining mafia!

[iamnotback]

BTC has been rising on declining volume. That indicates to me that this rise will not make it to a new ATH before it falters. I am sticking with my theory that BTC is range bound until Litecoin gets SegWit.

I think we are going to see another leg up on LTC as the SegWit signaling has climbed back up to 68%.

This pullback has brought us back to the uptrend line, which I expected we would come back to test one more time and especially given BTC is  up today.

Given the steepness of that uptrend line (on the right chart quoted below) we either have to fail and crash or start another leg up soon. Failing and crashing seems to not be very likely. So I say load up now on the LTC you want for the next run up. If that uptrend line holds, we have to be back above 0.009 within 6 days 0.011 within 2 weeks. So that is a minimum 40% increase in your BTC within 2 weeks if the uptrend line holds (which it has thus far throughout this crazy volatile rise).

Also today we broke out above that downward blue channel in the left chart quoted below!

Thoughts?

Not really:
We are rather in the blue channel right now :

So in terms of the right chart, we are still within an upward channel, barely.

Insane volatility due to the hashrate/signaling manipulation.

[lurker10]

What you expect from Jihan or roger ver shills.........

segwit is just one step, nothing wrong with block increase but its the wrong way if we can do that smarter as segwit open more future possibilities, also increasing is bad for decentralization and security die the block size and time needed to go over all nodes

ppl and market are eager to test segwit, and some evil ppl think that will destroy their greedy plan for bitcoin fee to be 50$ per transfer, and they bet it WILL!
no one will stand and use coin that is centralized by chines mining mafia!

LOL at how whoever disagrees with the party line is automatically a Jihan or Roger Ver shill. Where do I get my pay?

You are brainwashed by Blockstream propaganda.

[alyssa85]

BTC has been rising on declining volume. That indicates to me that this rise will not make it to a new ATH before it falters. I am sticking with my theory that BTC is range bound until Litecoin gets SegWit.

I think we are going to see another leg up on LTC as the SegWit signaling has climbed back up to 68%.

This pullback has brought us back to the uptrend line, which I expected we would come back to test one more time and especially given BTC is  up today.

Given the steepness of that uptrend line (on the right chart quoted below) we either have to fail and crash or start another leg up soon. Failing and crashing seems to not be very likely. So I say load up now on the LTC you want for the next run up. If that uptrend line holds, we have to be back above 0.009 within 6 days 0.011 within 2 weeks. So that is a minimum 40% increase in your BTC within 2 weeks if the uptrend line holds (which it has thus far throughout this crazy volatile rise).

Also today we broke out above that downward blue channel in the left chart quoted below!

Thoughts?

Not really:
We are rather in the blue channel right now :

So in terms of the right chart, we are still within an upward channel, barely.

Insane volatility due to the hashrate/signaling manipulation.

40% increase!? That's a big call. I think there might be a pump to coincide with the news that Segwit is activated on litecoin, cause that's what pumpers so (make sure their pump coincides with news) - but it will be short-lived, as people simply won't use litecoin for anything.

[iamnotback]

40% increase!? That's a big call. I think there might be a pump to coincide with the news that Segwit is activated on litecoin, cause that's what pumpers so (make sure their pump coincides with news) - but it will be short-lived, as people simply won't use litecoin for anything.

I said "if it doesn't break below the uptrend line". It isn't a call (prediction). It is an analysis. Although I do think it is likely to not break significantly below the upthrend line, yet this is still not a 100% prediction.

All my money is invested in LTC right now.

[blade87]

None of these other shitcoins that are pumping and dumping because of SegWit matter, because they truly will never be used. But LTC is being added to Coinbase. That gives us westerners (and merchants) our biggest direct outlet to the dollar. Not Vertcoin, not DigiByte, or whatever other shitcoin may be trying to add SegWit as a pump feature. After LTC is added, I'll be keeping a close eye on LTC transactions/day.

Anyway, volume has been decreasing in the down channel so that trend is running out of steam. If it breaks out of it, I don't expect it to do much. Not as long as we are sitting at 68-70% activation. It's a tug of war between being completely turned off by the SegWit/F2pool/Jihan manipulation, versus potentially getting into LTC before it sees the biggest update and push for adoption that it has ever seen in its long existence. But everyone knows this is a huge opportunity, especially since BTC is backlogged and something needs to give somewhere. Unless there is a complete block of SegWit and Coinbase decides not at add LTC (which would then label them as blatant market manipulators), I don't think we will ever see it at $4 again.

[reb0rn21]

What you expect from Jihan or roger ver shills.........

segwit is just one step, nothing wrong with block increase but its the wrong way if we can do that smarter as segwit open more future possibilities, also increasing is bad for decentralization and security die the block size and time needed to go over all nodes

ppl and market are eager to test segwit, and some evil ppl think that will destroy their greedy plan for bitcoin fee to be 50$ per transfer, and they bet it WILL!
no one will stand and use coin that is centralized by chines mining mafia!

LOL at how whoever disagrees with the party line is automatically a Jihan or Roger Ver shill. Where do I get my pay?

You are brainwashed by Blockstream propaganda.

You did not write ANY REAL EVIDENCE to support you claim...

You are just trolling me, and jihan/roger troll looks like that

And i don`t thing Blockstream is god as you shills look at Jihan, they were slow with segwit and no faster solution in 2016, we today would not be here if they had been more ope to market need!
But I am no dev and I have no right to criticize anyone as I am doing nothing!

[lionheart78]

I think it is necessary for LTC to have Segwit first before BTC. This way we can see how Segwit works without compromising the entire Bitcoin community.  It is also a good way if ever it is successful to test several updates that comes with segwit implementation. 

[reb0rn21]

I think it is necessary for LTC to have Segwit first before BTC. This way we can see how Segwit works without compromising the entire Bitcoin community.  It is also a good way if ever it is successful to test several updates that comes with segwit implementation. 

100% Agree, that is the reason LTC is now over 9$ a lot of bitcoiners now look at litecoin as next valid and future good alternative which can help bitcoin (as most alt coins just want to take bitcoin place) litecoin never was like that

also on the positive side they will see in real how UASF gona work, and if needed for bitcoin in future would be very valuable

so at the end I hope bitcoiners help us and not see litecoin as some evil scam shit coin as they see all or most alts

[dwgscale11]

40% increase!? That's a big call. I think there might be a pump to coincide with the news that Segwit is activated on litecoin, cause that's what pumpers so (make sure their pump coincides with news) - but it will be short-lived, as people simply won't use litecoin for anything.

I said "if it doesn't break below the uptrend line". It isn't a call (prediction). It is an analysis. Although I do think it is likely to not break significantly below the upthrend line, yet this is still not a 100% prediction.

All my money is invested in LTC right now.

What happens when Segwit on LTC is activated by UASF though?

[bbc.reporter]

You say Segwit must be tested on Litecoin, is it not secure to implement directly on Bitcoin?
If LTC is only for testing Segwit, do you see no value in LTC per se?

well last time i looked testnet bitcoins had no monetary value so yes most definitively if this is all about litecoin being merely a testbed for segwit on bitcoin then yes litecoin is a worthless token.

however while that maybe the line coblee and co are feeding you thats not the game thats being played out 

Litecoin is a better testnet BECAUSE it has value.... And that is not the only use for Segwit on Litecoin.  For more information and basics of Segwit please see https://segwit.org/my-vision-for-segwit-and-lightning-networks-on-litecoin-and-bitcoin-cf95a7ab656b

I like your thinking. It is not only a better testnet because it has real value, it is a better testnet because we can see segwit unleashed in a real production setting and not some made up theories like iamnotback has been copy and pasting. We do not know if half of what he ways will happen.

[ddosamerica7]

It's probably better if Segwit is activated. The amount of people using Litecoin is going down all the time. Will soon remain as another dumped altcoin.

[shinratensei_]

everyone's thinking only in terms of segwit = scaling. that's cool but not the main reason for it. it allows tons of new possibilities. if segwit is activated on there it's also gonna attract an influx of bitcoin developers. why ignore the only game in town?

Examples?

Lightning network? With the SegWit and there will lot of the possibilities for activating the off-chain transaction for bitcoin. SegWit is a way for a lot of the possibilities to get more solution and improvements.
Like European's said, the main reason of segwit to resolve the malleability transaction of bitcoin. Which satoshi hadn't known to resolve it. Scaling is just a side advantage from the segwit itself.

LN is offchain scaling, the question was re possibilities other than scaling. What else is SW good for?

Opening the door for the unlinkable payment such as TumbleBit and maximizing the security measures for the hardware wallet. It looks SegWit will be a door for the further development of bitcoin off-chain transaction skill. in the future. 
That's based on my knowledge.

[lurker10]

What you expect from Jihan or roger ver shills.........

segwit is just one step, nothing wrong with block increase but its the wrong way if we can do that smarter as segwit open more future possibilities, also increasing is bad for decentralization and security die the block size and time needed to go over all nodes

ppl and market are eager to test segwit, and some evil ppl think that will destroy their greedy plan for bitcoin fee to be 50$ per transfer, and they bet it WILL!
no one will stand and use coin that is centralized by chines mining mafia!

LOL at how whoever disagrees with the party line is automatically a Jihan or Roger Ver shill. Where do I get my pay?

You are brainwashed by Blockstream propaganda.

You did not write ANY REAL EVIDENCE to support you claim...

You are just trolling me, and jihan/roger troll looks like that

And i don`t thing Blockstream is god as you shills look at Jihan, they were slow with segwit and no faster solution in 2016, we today would not be here if they had been more ope to market need!
But I am no dev and I have no right to criticize anyone as I am doing nothing!

You didn't write ANY REAL EVIDENCE that Segwit will not fuck up everything.
You Blockstream minions should look in the mirror.

[reb0rn21]

Just calm down roger shill pls, don`t get heart attack

segwit is heavy tested at bitcoin test net for a looooooong period already, if you have any proff it gona go down, why don`t you post your finding

market support is there and can`t be faked, only ignorant ppl live in fear of new tech!

[Totscha]

Here we are with the Bitcoin politics again....

[lurker10]

Just calm down roger shill pls, don`t get heart attack

segwit is heavy tested at bitcoin test net for a looooooong period already, if you have any proff it gona go down, why don`t you post your finding

market support is there and can`t be faked, only ignorant ppl live in fear of new tech!

A network split happened a few weeks ago on the segwit testnet because non segwit nodes couldn't process allegedly soft fork segwit blocks. This is public information on the bitcoin dev mailing list, and you tell me it's heavy tested, LOL

Do you call who can sybil more non mining nodes support of the market? By sober unbiased estimates not coming from Blockstream minions like yourself, the market is divided evenly between Core/Segwit and onchain scaling solutions (BU, Classic, whatever with big blocks but not segwit).

Fear of the new tech, LOL. Bitcoin is old tech by crypto standards, a dinosaur walking to extinction. There are many coins today with superior tech. You should come from under your rock sometimes.

[Totscha]

Just calm down roger shill pls, don`t get heart attack

segwit is heavy tested at bitcoin test net for a looooooong period already, if you have any proff it gona go down, why don`t you post your finding

market support is there and can`t be faked, only ignorant ppl live in fear of new tech!

A network split happened a few weeks ago on the segwit testnet because non segwit nodes couldn't process allegedly soft fork segwit blocks. This is public information on the bitcoin dev mailing list, and you tell me it's heavy tested, LOL

Do you call who can sybil more non mining nodes support of the market? By sober unbiased estimates not coming from Blockstream minions like yourself, the market is divided evenly between Core/Segwit and onchain scaling solutions (BU, Classic, whatever with big blocks but not segwit).

Fear of the new tech, LOL. Bitcoin is old tech by crypto standards, a dinosaur walking to extinction. There are many coins today with superior tech. You should come from under your rock sometimes.

There are chain splits because people still insist on using 0.12.x on the testnet and they're not connected to a relay node. Once SegWit is active, miners have to use clients that are SegWit aware...

[disconnectme]

It's probably better if Segwit is activated. The amount of people using Litecoin is going down all the time. Will soon remain as another dumped altcoin.

I think the last price movement just shows that Litecoin truely need SegWit just to get back to limelight. I hope it can sustain the recent gains

[lurker10]

Just calm down roger shill pls, don`t get heart attack

segwit is heavy tested at bitcoin test net for a looooooong period already, if you have any proff it gona go down, why don`t you post your finding

market support is there and can`t be faked, only ignorant ppl live in fear of new tech!

A network split happened a few weeks ago on the segwit testnet because non segwit nodes couldn't process allegedly soft fork segwit blocks. This is public information on the bitcoin dev mailing list, and you tell me it's heavy tested, LOL

Do you call who can sybil more non mining nodes support of the market? By sober unbiased estimates not coming from Blockstream minions like yourself, the market is divided evenly between Core/Segwit and onchain scaling solutions (BU, Classic, whatever with big blocks but not segwit).

Fear of the new tech, LOL. Bitcoin is old tech by crypto standards, a dinosaur walking to extinction. There are many coins today with superior tech. You should come from under your rock sometimes.

There are chain splits because people still insist on using 0.12.x on the testnet and they're not connected to a relay node. Once SegWit is active, miners have to use clients that are SegWit aware...

You have described a hard fork.
Segwit is a hard fork in disguise.

[Ayers]

Just calm down roger shill pls, don`t get heart attack

segwit is heavy tested at bitcoin test net for a looooooong period already, if you have any proff it gona go down, why don`t you post your finding

market support is there and can`t be faked, only ignorant ppl live in fear of new tech!

A network split happened a few weeks ago on the segwit testnet because non segwit nodes couldn't process allegedly soft fork segwit blocks. This is public information on the bitcoin dev mailing list, and you tell me it's heavy tested, LOL

Do you call who can sybil more non mining nodes support of the market? By sober unbiased estimates not coming from Blockstream minions like yourself, the market is divided evenly between Core/Segwit and onchain scaling solutions (BU, Classic, whatever with big blocks but not segwit).

Fear of the new tech, LOL. Bitcoin is old tech by crypto standards, a dinosaur walking to extinction. There are many coins today with superior tech. You should come from under your rock sometimes.

There are chain splits because people still insist on using 0.12.x on the testnet and they're not connected to a relay node. Once SegWit is active, miners have to use clients that are SegWit aware...

You have described a hard fork.
Segwit is a hard fork in disguise.

he is wrong, miners are already using segwit, everyone who run 0.14 version is using it, just segwit is not activated yet because of the consensus which is needed, and this make segwit a soft fork not an hard fork

[JGoRed]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

Please learn what segwit is, its not about block scaling why litecoin need it
As market want to test SEGWIT as solution for bitcoin problem, litecoin can be used for that test!!

What problem?

High fees and slow transactions.

[lurker10]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

Please learn what segwit is, its not about block scaling why litecoin need it
As market want to test SEGWIT as solution for bitcoin problem, litecoin can be used for that test!!

What problem?

High fees and slow transactions.

Remove the block size limit and the problem is solved.

[SHAWN-MIDWAYS]

It's probably better if Segwit is activated. The amount of people using Litecoin is going down all the time. Will soon remain as another dumped altcoin.

I think the last price movement just shows that Litecoin truely need SegWit just to get back to limelight. I hope it can sustain the recent gains

thats probably the only reason litecoin activated segwit with all the speculations of bitcoin soon to have it implemented
am pretty sure they were/are trying to win some support through it  indirectly and see the alt grow once again.

Necessary: its not a viable route for ltc which as it has a limited activity atm

[reb0rn21]

Unnecessary because Litecoin's network is not crowd like Bitcoin's, this is only for pump, not the real use. If bitcoin signals SW, btc will be pumped too.

Please learn what segwit is, its not about block scaling why litecoin need it
As market want to test SEGWIT as solution for bitcoin problem, litecoin can be used for that test!!

What problem?

High fees and slow transactions.

Remove the block size limit and the problem is solved.

block size limit is just temporary solution which would harm security (big block more time to propagate) also more centralization as more resources would be needed for a full node
segwit is smart solution and not brute force!

also this is litecoin topic and you know litecoin does not need more block room!? or you confused us with bitcoin agenda while shilling for BU twats

[bbc.reporter]

It's probably better if Segwit is activated. The amount of people using Litecoin is going down all the time. Will soon remain as another dumped altcoin.

Why do you say that? Do you think the users will come back because of segwit and then later the Lighting network? Please state your reasons why you think that.

It comes back to my main question why segwit is necessary in litecoin. Most of the arguments made here are all speculative and made up by unqualified people who want to make themselves look smart.

[springgers]

I found this tweet rather interesting and kind of funny:

https://twitter.com/SatoshiLite/status/852087709858373633/photo/1

[reb0rn21]

It's probably better if Segwit is activated. The amount of people using Litecoin is going down all the time. Will soon remain as another dumped altcoin.

Why do you say that? Do you think the users will come back because of segwit and then later the Lighting network? Please state your reasons why you think that.

It comes back to my main question why segwit is necessary in litecoin. Most of the arguments made here are all speculative and made up by unqualified people who want to make themselves look smart.

1. bitcoin scaling problem
2. litecoin is on all, or soon on all exchanges
3. litecoin is one of top alts that have fair distribution with no premine, instamine and shady works of the ppl behind it
4. litecoin code is almost copy of bitcoin so dev that work on segwit, LN, etc will be happy to work on litecoin too

To the math yourself, market is mad due high bitcoin fees and slow trasactions, they don`t want BTC clone, they want scalibility solution as segwit!

[NoiseBoy]

Honestly, the best reason to want to activate SegWit for LTC is so that we can see how well it works and thus make a better informed decision about whether to support it for Bitcoin. I'm actually kinda surprised some Core miners haven't decided to point their hashing power at LTC, at least for long enough to activate the fork.

Apart from that, it's better to activate a scaling fix before there's a scaling problem. Just because it isn't needed not to clear the mempool today doesn't mean it won't be useful at some future point.

[shyliar]

Honestly, the best reason to want to activate SegWit for LTC is so that we can see how well it works and thus make a better informed decision about whether to support it for Bitcoin. I'm actually kinda surprised some Core miners haven't decided to point their hashing power at LTC, at least for long enough to activate the fork.

Apart from that, it's better to activate a scaling fix before there's a scaling problem. Just because it isn't needed not to clear the mempool today doesn't mean it won't be useful at some future point.

The reason SHA256 bitcoin miners don't point their hashrate at scrypt litecoin is because it is completely impossible to mine a scrypt coin with a SHA256 miner.

[reb0rn21]

Sure they helped as they could, and will support litecoin if it manage to activate segwit before bitcoin (which is almost 100%)
1. if masf (miner activation soft fork) fail we go to uasf (user activation soft fork) all is put to motion and will not be stoped!

now nothing can stop it

BU shills have nothing to offer to litecoin so they better be silent, but we know they are kinda chaotic 100%!

[bbc.reporter]

It's probably better if Segwit is activated. The amount of people using Litecoin is going down all the time. Will soon remain as another dumped altcoin.

Why do you say that? Do you think the users will come back because of segwit and then later the Lighting network? Please state your reasons why you think that.

It comes back to my main question why segwit is necessary in litecoin. Most of the arguments made here are all speculative and made up by unqualified people who want to make themselves look smart.

1. bitcoin scaling problem
2. litecoin is on all, or soon on all exchanges
3. litecoin is one of top alts that have fair distribution with no premine, instamine and shady works of the ppl behind it
4. litecoin code is almost copy of bitcoin so dev that work on segwit, LN, etc will be happy to work on litecoin too

To the math yourself, market is mad due high bitcoin fees and slow trasactions, they don`t want BTC clone, they want scalibility solution as segwit!

That is still very speculative. It does not guarantee the same bitcoin sized success for litecoin. From my view all litecoin did was to take advantage of bitcoin's bad situation. If their development team have thought of doing segwit first then things would be better, but it did not.

What if segwit activates in bitcoin? What will happen to litecoin now? It shows that the move to litecoin is mostly speculations by the traders. If a majority of merchants started to accept litecoin then I would be the first to say litecoin is gaining.

[reb0rn21]

Well then just activate segwit by masf or uasf if miner fails to push litecoin.... then we gona see

Activating segwit with bitcoin is not so "easy" because some ask for bigger block (BU) some wants nothing to change, then there is segwit, etc... so deceison is more complex and its more hard to get users wishes for one goal